But in fact, this is almost impossible. For example, you can't go shopping with a check. The income tax payable shall be paid first in the second month. Wages are also paid first. There are also estimated liabilities and deferred tax deductions, which are inevitable.
So, what you said can't happen. Under normal circumstances, there will be a certain amount of liabilities in the balance sheet. But if you mean no loan, it's entirely possible.